Skip to main content

About your Search

20130124
20130124
STATION
CNBC 6
CNNW 4
CNN 3
FBC 3
KTVU (FOX) 2
CSPAN 1
KGO (ABC) 1
KOFY 1
WBAL (NBC) 1
WETA 1
WHUT (Howard University Television) 1
WMAR (ABC) 1
LANGUAGE
English 25
Search Results 0 to 24 of about 25 (some duplicates have been removed)
plunging how can you invest in its smartphone rival samsung? tracy byrnes and ashley webster have the answers next on fox business. don't miss it. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. tracy: good afternoon, i'm tracy byrnes. ashley: i'm ashley webster. apple falling hard. the stock dropping nearly 12% on fears the company, well, is losing out to smartphone rival samsung. that raises the question how can you invest in samsung? we're looking for options in moments. it is not that easy. tracy: it is not. there is no adr. the odd man out months after nasdaq and i.c.e. teamed up in a failed bid to take over the new york stock exchange, nyse and i.c.e. are going it alone. bob fwri felled shares his reaction with liz claman from davos. that is ahead. ashley: a dire warning from the economy from a top advisor to president bush. ed lazear is here. he says we need to take dressic action right away. nothing happens in washington right away. tracy: unless its hundred of orders, or vacations. tracy: as we do
this past year. one of the companies was samsung semiconductor headquartered in korea. go biz persuaded samsung to locate their only research development in the world, the new facility in san jose will place up to 5,000 people in high skill high wage jobs. we also leveled the field on internet sales taxes with new jobs at amazon centers and patterson san bernardino and now tracy. this year, we should change both the enterprise zone program and the job hiring credit. they aren't working. we also need to rethink and streamline a regulatory procedure, and cut needless delays. [ applause ] california's export -- that gives the republicans something to cut. california's exports are booming and never stronger. it's deep. when the chinese immigrants crossed into the pacific in 1848 to the next president in los angeles last february. this year we'll take another step to strengthen the ties between the second and ninth largest economies. trade an investment mission to china with the council and open the trade and investment office in shanghai. central to the life of our state is water. and sits
to carry two separate devices. it's alreadya rage in japan and the success of the samsung galaxy node, a large smartphone, indicates more are headed here. but from the doesn't that stink file t fact that many men will not like the idea of carrying that. a smallpad like the ipad minifits in a woman's purse but won't r not in a man's pants pocket. . >> apple is already making the move. it has just announced it will start selling an ipad miniwith a built in cell phone in china this year. it willface a lot of competition from samsung which has a big head start. >> look at the animals, it's called apps for apes. it'sstarted by the out reach and they use musical apps and games and drawing. why is it important for our closest living relatives to play with this technology. >> all primates are really intelligent, especially the great apes so it's important to provide them with mental and physical stimulation. >> there are 13 zoos participating in this program if you have an old ipad you don't need you can donate it to the zoo. . >> and now, maryland's most accurate forecast is. >> let's
of samsung. >> supply chain did get worked out. >> possible that expectations were too high to begin with? this was a stock last career that could do no wrong and the expickses were possibly at the stage we don't do it rival. injuriesors expects a lot more because they depend on innovation. >> people were kiss accounted on the sale numbers. let are the the competitive land way. i feel like they are in fablet describe. apple is not giving that to them. >> i don't think a lot of people want big-screen phones. what is this galaxy note? it's huge. 5.5 inches. i do agree. they need to get in and release more than one phone a year because ore ways they will get stomped by samsung. be aggressive in china and areas where you can have access to 7.5 million subscribers there. >> the feeling was that steve jobs was apple. are you in denial at this point that losing such a -- i mean, how do you even quantify what he meant to that company in terms of innovation and operation that he's still gone. >> a design guru and going to kweet quality. >> what was steve jobs really good at? not only innovation bu
. >> they like smart phones out there from samsung, from lg. so, the marketplaces in many ways caught up to apple. >> apple says it sold an iphone or ipad every 10 seconds during the holidays. the profit is made during the same quarter a year earlier. >> i switched to this samsung a year and a half ago. i used iphone two years but it's lighter, thin yes, screen is bigger. and i've been happy with it apple fans convinced there is no better technology. >> i've been with apple since the beginning. so... yeah. it's stream lined to use. >> the stock lost about a fourth of its values, the cash keeps growing estimated at $137 billion. the question is whether that can help it develop the next big thing or allow to it buy a prom yigs start up with a hot new idea ceo tim cook says the mission to keep making products people love. >> you can't base long term of a company based on one or two quarters. >> at apple headquarters, david louie, abc 7 news thank you. >> we're getting a dose of wet weather in the bay area, in many spots barely nouf dance on the streets. other places did get enough precipitation that
expensive for them now. which leads me to the question i wanted to ask you. samsung is selling more phones than apple. samsung is still more popular than april until some cases. but apple still does have that cachet. but can apple compete without slashing its price? something steve jobs never wanted to do? >> i think they'll do both. i think they'll produce a regional product that will maybe be limited to china and countries like china. at the same time, apple's success has been from developing new markets and frankly, the samsung phones, courts have said, sure looks like a copy to us. and in this instance, there will be another product classification. there will be another iphone, ipad, itunes, whatever you call it. the next one is coming. there are still products steve jobs was working on before he died that have not yet been introduced. >> and obviously, apple's betting on those. steve jobs died in october of 2011. now, if, and this is a big if, because betting against apple never paid off for anybody, but this apple does have some issues now. turned out to be longer term. are they tim
consumers have choices now. >> they like all of the smart phones out there from samsung, from lg for that matter. the nexus 4. the marketplace has caught up to apple. >> apple sold an iphone or ipad every 10 seconds during the highway days. but its $13.1 billion profit was exactly the same as what it made during the same quarter a year earlier. apple may also be losing its grip on its most loyal customers if barton is any indication. >> i switched to this samsung and i used an iphone for two years but it is lighter. thinner. the screen is bigger. and i have been happy with it since. >> apple fans remain convinced there is no better technology. >> i pretty much stuck to apple products since the beginning. computers and laptops and phones and a couple of i^ pad minis. it is streamlined and easy to use. i stick to apple. >> reporter: apple stock lost a fourth of its value. its hoard of cash now estimated at $137 billion. the question is is whether that cash can help it develop the next big thing or allow it to buy a promising startup with a hot new idea. the ceo says the main missio
to buy an apple tablet but people in this world that will buy the cool pad 8060 for $100. >> that samsung phone and like the wider screen. the wider screen. >> the important thing is listen to the discussion we are having, about another company. >> i know we want to get to netflix as well. three of six quarters i believe they have missed since he has taken over, two of the last three. jobs was 11 straight and 19 of 20 quarters where they overdelivered. now, put that in some perspective for us in terms of conservative guidance. when does pressure build on him? >> now. already. no? >> we are a long way from that. a long way. >> do you think -- let me ask you, do you think four months ago, the company was a better company than it is now? >> no i think it's the same company. >> same company, right? so then why do you want to pay so much? >> other companies are not the same company. >> samsung is not the same company. google is not the same company. >> interestingly, to put today into some perspective, the last gap down for apple was july 22, 2008. so mornings light this don't happen lot. also
lots of people who bought apple when it was the undisputed king of smartphones. samsung, got that great operating system, android, google. it's good enough so customers don't have to pay up for the iphone and the big phone companies are happy to steer customers there because they make more money selling samsung than apple. people who bought apple because of the chart. it was a stock that kept going higher, so the analysts kept raising targets, numbers. but once the stock started going down, the charts became the enemy. a virtuous circle became a vicious cycle down, chart became your enemy and that means the same people who had raised their price targets on the way up are now busy cutting them on the way down. and there'll be many, many more heard from tomorrow morning. sellers have been taking profits or losses, frankly, if they bought it too high either because they're trying to follow the discipline of not turning a gain into a loss, that's what i did for my charitable trust, follow along. we cut our position in half so we could play with the house's money. still stings, though, but y
other companies, gross margins, something made by a samsung, for heaven sake. i thought they were like a steel company. the stock is reacting to how much money is being made on each item. the dreaded nitpick of gross margins. that nasty number that inferiors, competitors are suddenly making superior product at least in the mind of some of the less savvy consumers out there, the superior. what must be going to apple is the fact these analysts actually think they need ammo to stay positive, ammo to do something as simple as breathing, which is to reiterate the buy ratings. i can see tim cook turning to his colleagues puzzled saying, it's as if we have to come up with something breakthrough, something dazzling for them beyond what's obvious. which is how great we are. but at some point, your company's products may face genuine competition. in many places on earth, other companies may be taking share, which is what's happening with that samsung phone. or you might have product lines in decline like the iphone. like the ipad. and it's a funny thing, when that happens, you actually do need t
is moving away from the ipne iphone 5 to competitors with five-inch screens like samsung. because apple shares are so widely held, many investors tonight are wondering what to do with them. perhaps apple is no longer considered a growth stock. but, is it already low enough to be considered a value play? suzanne pratt, "n.b.r.," new york. >> susie: joining us now with more analysis on apple, and those microsoft earnings, collin gillis, technology analyst at b.g.c. partners. thely for apple their growth is slowing down. it is not the type of growth that wall street labels growth stock. when you see that market sell-off today it has put apple evaluation clearly into the value territory. >> susie: all right but let's just say that apple comes out with a bunch of really cool new products, maybe that ame tv we keep hearing about. would that make apple a growth stock again? >> you know, and so there's always that potential. you know, what investors need to see is what is the innovation that's going to be coming out of apple in the future. and that level of innovation isn't is in question right
to play catchup with the likes of apple and samsung? >> it's 12:00 noon here in london, early morning in washington, and 9:00 p.m. in pyongyang, where the government has issued a chilling warning, claiming its nuclear weapons are designed to reach america. now, whether that's credible or not, it's certainly the most provocative statement to come since kim jong un came to power, and it's not just rhetoric in what's being referred to as a new phase in its struggle with the historic enemy. north korea says it's planning a third nuclear test. for more on that, we can join lucy williamson, who's following developments in neighboring seoul. lucy? >> thanks, george. yes, there's been months of speculation here in south korea as to whether the north was planning a third nuclear test. today we got confirmation not only that it was, but also that it was a warning to the united states. so if those u.n. sanctions this week were meant to dissuade pyongyang, they seem to have had the opposite effect. six weeks after it launched a long-range rocket and just a day after receiving extra u.n. sanctions
of samsung's offerings, and what apple is offering with the iphone have closed a little bit. i think that's closing in on the cost deferential. >> i like the droid personally. it works. i have a 4g. it's thin, the screen is bigger. >> reporter: many have larger screens and lower price points and have some consumers seeing android as the new hot product, with iphones being old news. >> kind of like it's over. i hear that conversation at the gym. a lot of people seem to be more about wanting to use the droid. >> i think apple really does need to talk about what it's price point strategy is going to be for the iphone going forward. >> reporter: there have been some speculation that apple would release a lower priced iphone later this year, but the ceo did not address that in this conference call. jana katsuyama, ktvu, channel 2 news. >>> another silicon valley company, netflix reported an unexpectedly big profit today. the news sent shares up 33% to $137. the company's own executive said 4th quarter earnings exceeded even their own expectations, not to mention wall street's. meantime, wall s
. samsung has the cool power right now. a lot of competitors are coming out with very cool phones. if you are the tech guy, you are leading the way. you are looking for the newest and best and brightest thing that is out there and apple hasn't given us anything. neil: we are talking about a lot of advanced products. the new big thing is somethingnw that i may not hear about. >> well, i think the what wenize have to recognize about apple -a i'm not talking about apple tv. i'm talking about the version four. the one where they actually -- let's just work this out for a second. [talking over each other] [talking over each other] >> there is a point in time when you were going to watchady everything, you know, on the internet ready phones. kille tv is a step in that direction. tnk apple killed music. neil: i don't think they'rental killing, i think they are maiming. >> i think they sell a phenomenal product.omenal i don't think anyone listeningu have t to disagree with that. and but there will come a time when you look at have to look at the stock and say it is expensive. they are going to ha
to battle against samsung and apples of the world. >> would you buy it at $28 a share? >> we prefer to wait. i have a neutral on the side right now. >> yun kim, thank you. >> thank you. >> michael far, president of far, marshall and washington. >> thank you. >> we were talking earlier and it hasn't rewarded you for a long time. >> it hasn't rewarded us. >> why do you hold it. >> let's look at numbers on microsoft. expecting 75 sent for the quarter with be that turns into about three bucks for the year. on a $27 stock microsoft is trading around nine times this year's estimates. 5.60 sint cents in cash and 3% yield. this is a stock with a lost cash, a lot of flexibility, good model and yes, we've had trouble with pcs. and because in terms of a pc cycle, it has been somewhat elong gated bay shift to the tablets. people are buying tablets. with a mature, very nice safe company, sooner or later, i this i they get it right. but you get paid to wait. >> but you've been waiting a long time, michael. i hear you nibbling at the value. you talk about the cash on hand and pe ratio. but the truth is, v
. >>> to technology now the battle for smartphone dominance is heating up. new report says samsung could release the latest version of its popular galaxy phone this march. alison kosik is at the new york stock exchange so is apple shaking? because we know what its earnings report was. >> apple is kind of quivering a little bit this morning. i tell you what that iphone 5 is going to back so passe, carol. get ready for the smartphone wars, they heat up this spring. there are reports samsung is going to be unveiling the galaxy s4 in late march, early april and the latest apple rumor is that the next version of the iphone could hit the street as early as june, either called the iphone 6 or iphone 5k. blackberry 10 coming out next week, expected to shake up the smartphone sales to businesses. the competition is getting fierce while apple is only getting a small piece of the smartphone pie. screen size is really going to become a key battleground on the consumer front. the gallon ax i-s4 will have a bigger screen on the s3 and apple could go for a bigger screen. possible explanation for why apple cut
,000 companies this past year. one of those companies was samsung semiconductor inc. headquartered in korea. working with the city of san jose and santa clara county, gobiz persuaded samsung to locate their only research and world here in california. the new facility in san jose will place at least 2,500 people in high skill, high wage jobs. we also leveled the field on internet sales taxes, paving the way for over 1,000 new jobs at new amazon distribution centers in patterson and san bernardino and now tracy. the enterprise zone program and the jobs hiring credit. they aren't working. we also need to rethink and streamline our regulatory procedures, particularly the act. our approach needs to be based more on consistent standards that provide greater certainty and cut needless delays. [applause] california's exports are booming and our place in the world economy has never been stronger. our ties with the people's republic of china in particular are deep -- from the chinese immigrants crossing the pacific in 1848 to hosting china's next president in los angeles last february. this year we w
ideas and products. stuart: why isn't samsung giving apple a run for its money? microsoft as $70 billion in cash sitting around. >> they are making good investments. skype was a great investment. we use skype as a cloud based solution and in the future every solution will be cloud base. unit and have devices and hardware, it is going to be about the cloud and microsoft has a great strategy but they need to make that the number one strategy. they need to make enterprises where we play and consumers treat them differently do a great job with a x box product with home use and a circus tablet for enterprises with the needs of a few organizations moving to the cloud. stuart: interesting advice from microsoft. i am a stockholder moving the market and stock a little bit. >> hopefully it should. i've tripled my position based on what i am seeing. stuart: you should have put the front of the interview, would have given much more time. [talking over each other] stuart: $28 a share. we like that. thank you very much indeed. of highlight reel is next. i have obligations. cute obligations, but obliga
. but i think apple is still growing, they're still -- there's no lines anymore if samsung is making fun of. that's going to be a problem for me. right now there's still lines and they're still growing and margins are still high. just not as much as they used to be. >> jon? >> you know, i think it's interesting that became was up so much yesterday powering the dow. this apple story is kind of like between the facebook ipo and ibm. ibm does so well at managing expectations. they're an extreme case of managing both expectations, and their earnings. facebook totally whipped it on their ipo by not correcting managing expectations. it seems like apple is sort of in that facebook wheelhouse trying to get more like ibm. right now, they're in the midst of a cycle where they redesigning a bunch of products. margins are down. but in terms of the number of iphones that they're shipping, very high. i mean, that's something that investors certainly need to think about. >> all right, john, thank you very much. daniel, thank you. we appreciate it. >> my pleasure. >> the world economic forum is just hea
Search Results 0 to 24 of about 25 (some duplicates have been removed)